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Dec 8, 2012
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. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. should be interesting. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the election and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won, they're trying to eliminate the winner-take-all system of awarding electoral votes. why not? that way republicans could win electoral votes in states they lose. that's a good deal. >>> new jersey governor chris christie finally meets his idol. new jersey's most famous resident, the man he has seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. [ male announcer ] take dayquil.
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. should be interesting. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the election and they are. guess what? they're changing the...
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Dec 29, 2012
12/12
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tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and newcars for bureaucrats. this one is going to drive you nuts. ♪ ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour. now heads to the houseor a possible weekend vote. the senate passing is good news for the victims of sandy, but the bill is also packed with projects that have nothing to do with the storm, like a new roof for the smithsonian museum. i'm sure there would like a new roof, but this is supposed to be for hurricane victims. millions for tree plantings and towns which sandy did not even pass, let alone damaged. my next guest says that is why they should have voted against it. american majority action spokesman, i just saw your tweet. you're talking about, what was it, $200 million for
tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and newcars for bureaucrats. this one is going to drive you nuts. ♪ ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour....
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Dec 21, 2012
12/12
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a press conference the day after his plan on the fiscal cliff went down. that is it for this edition of the daily rundown. we'll be back next week. until then, heal holidays from all of us at the daily rundown and coming up next, it is chris jansing and company. >>> good morning. i am chris jansing. this
a press conference the day after his plan on the fiscal cliff went down. that is it for this edition of the daily rundown. we'll be back next week. until then, heal holidays from all of us at the daily rundown and coming up next, it is chris jansing and company. >>> good morning. i am chris jansing. this
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Dec 29, 2012
12/12
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tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour. now heads to the house for a possible weekend vote. the senate passing is good news for the victims of sandy, but the bill is also packed with projects that have nothing to do with the storm, like a new roof for the smithsonian museum. i'm sure there would lik
tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew...
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Dec 29, 2012
12/12
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tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if yr bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. your soups are so awesomely delicious my husbandnd i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know
tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate...
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Dec 29, 2012
12/12
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eye 78
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tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ woman: my first symptoms were... man: constant tingling in my toes. woman: my leg sometimes will go numb. woman: i had double vision. woman: they said, "you have multiple sclerosis." woman: well, the beginng is the hardest time. man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. woman: i was a dancer. i don't see walking the way i walk any different than doing a dance. it just looks different -- it's a different dance. woman: you see me have an off day. it doesn't take away from who i am. man: a symptom may cause you not to be able to do that anymore, an
tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ woman: my first symptoms were... man: constant tingling in my toes. woman: my leg sometimes will...
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Dec 28, 2012
12/12
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CSPAN
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conversation about the fiscal cliff. now down to the wire. caller: washington, d.c., the belly of the beast. we have a $16 trillion deficit right now. we have the deficit because of social security, medicaid, medicare, welfare, food stamps -- all policies put into effect by the democratic party. everything is socialism. thomas jefferson said it best -- the republic is doomed. people sacrifice -- i'm a libertarian. i am more objective. i'm not a republican or democrats. i have to wonder if i want to live in this country. 29% of americans got some kind of assistance when ronald reagan was president. i have to consider and i'm considering moving to a tropical island and watching america go down the drain. we need to abolish social security, medicare, and medicaid. host: i will stop you there. we appreciate your thoughts. joseph says -- will go back to stay but by the president on the passing of norman schwarzkopf. host: "his legacy will e ndure." back to your calls. caller: good morning. god bless us. [indiscernible] where is the love? .e're at
conversation about the fiscal cliff. now down to the wire. caller: washington, d.c., the belly of the beast. we have a $16 trillion deficit right now. we have the deficit because of social security, medicaid, medicare, welfare, food stamps -- all policies put into effect by the democratic party. everything is socialism. thomas jefferson said it best -- the republic is doomed. people sacrifice -- i'm a libertarian. i am more objective. i'm not a republican or democrats. i have to wonder if i...
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Dec 29, 2012
12/12
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tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen you just canoi explain. )a ♪ oh, i believe there e angels among us... ♪r> and some things ar more importanthan winning. #% ♪ sent iíwn to us #]from somewhere up(above ♪r2 #o♪hey come to you and me ♪ i don't remember who won the ra that day...r2 ♪ to show usfr how to live, ♪ ... bui'll(never forget how i felt. ♪ to teach us f:how to give ♪ to guide us with the light of love. ♪ but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair c
tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen...
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Oct 27, 2012
10/12
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FBC
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the fiscal cliff you might have heard about. the next guest preparing to lay off workers, freeze salaries, renegotiate health care benefits. the whole nine yards. present and ceo, michael kelly with me now. what do you fear the most? like, i ask a lot of your colleagues this about what makes the guy like you retrench? what? >> well, we retrenched -- as a matter of fact we've been through the reduction divorce, the expense control, through management salary cuts an the health benefit renegotiations in preparation for the cut. they were clearly evident 12 months ago they were coming for a company like our size. neil: seems reason to get ahead of the curve to clamp down, how much of it was just the world economy? how much of it was fear of watching just sitting and not getting anything done, maybe owing the fiscal cliff thing? break it down. what broke into you saying, you know what? here's what i'm going to do. >> what we were really responding to, sub contracting the big defense companies, and most is defense relatedded saying, h
the fiscal cliff you might have heard about. the next guest preparing to lay off workers, freeze salaries, renegotiate health care benefits. the whole nine yards. present and ceo, michael kelly with me now. what do you fear the most? like, i ask a lot of your colleagues this about what makes the guy like you retrench? what? >> well, we retrenched -- as a matter of fact we've been through the reduction divorce, the expense control, through management salary cuts an the health benefit...
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Dec 31, 2012
12/12
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. >> in case you are haven't noticed, we are following the fiscal cliff down to the wire. no early partying for us. i will be hosting a party with kelly evans. a big night with a lot of developments. please tune in. >> next, fiscal cliff will have a major effect on america's manufacturers. we will talk to two ceos, nation's backbone is bracing for this impact. >> later on, there were big stock winners this year. but should you buy those studs or take a flyer and go with the duds? we will debate it coming up. i wasn't pointing alt at you. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> now we do go over the cliff and let's hope we get a deal for the last minute that we wi
. >> in case you are haven't noticed, we are following the fiscal cliff down to the wire. no early partying for us. i will be hosting a party with kelly evans. a big night with a lot of developments. please tune in. >> next, fiscal cliff will have a major effect on america's manufacturers. we will talk to two ceos, nation's backbone is bracing for this impact. >> later on, there were big stock winners this year. but should you buy those studs or take a flyer and go with the...
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Dec 7, 2012
12/12
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. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won. they're trying to eliminate the winner take all system of awarding electoral votes. that way republicans could win electoral votes in states they lose. >>> new jersey governor chris christie finally meets his idol. the man he's seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those aff
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are...
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Dec 31, 2012
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we're down to the wire. just hours from falling off the fiscal cliff if no deal is reached. right now a deal does not seem likely. even if they came out said, hey, news flash, it is here. not enough time to vote on it. will u.s. economy fall back into recession? either way what is the smart money doing? where are they investing? joining me now, billionaire investor wilbur ross. ceo and investor. >> you're welcome. >> will there be a deal of any kind and what does it really mean for the markets? >> what i'm worried about they make a deal but won't be a sensible deal. that it will kind of put some sort of a permanent cap as to the level at which the bush tax cuts are repealed, extend for some short period unemployment, extend a few other things and not really with the big issue. punt it over and mix it up with the debt ceiling talks which will be coming up sometime between now and around the end of february. liz: well, yeah. timothy geithner, treasury secretary, warning that we will hit the debt limit today. obviously that is a big issue. is that a bigger problem than the fisc
we're down to the wire. just hours from falling off the fiscal cliff if no deal is reached. right now a deal does not seem likely. even if they came out said, hey, news flash, it is here. not enough time to vote on it. will u.s. economy fall back into recession? either way what is the smart money doing? where are they investing? joining me now, billionaire investor wilbur ross. ceo and investor. >> you're welcome. >> will there be a deal of any kind and what does it really mean for...
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Nov 5, 2012
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cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under management, how are you allocating money today? >> i think you want to be neutral. i think you want to leave your bets at the doorstep and to take win side of the other is gambling and not investing. i think you need to look at those stocks that are really the 1980 stocks, back to the future, if you'll have it. own the companies like kimberly clark, at&t and verizon and those companies where they have steady increases of dividends and strong balance sheets and think long term. >> think longer term, not just fiscal cliff related. mar
cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under...
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Dec 7, 2012
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this all comes as we get word that the fiscal cliff talks will boil down to what happens between two people and only two people. president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithne
this all comes as we get word that the fiscal cliff talks will boil down to what happens between two people and only two people. president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the...
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Nov 8, 2012
11/12
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. >>> the buzz words following the election fiscal cliff. how can to impact you down the road. >>> jesse jackson will be in baltimore. the issues he will discuss next. >>> you want temperatures today and coming in at 39 degrees. 41 under partly sunny skies. go to our app store and down load the app and get the temperature where you live. we'll be right back. >>> now annoyed did you get on your facebook on election day. were you not alone if if you defriended someone. >> that's harsh. and a poll and 47% of people responded saying they cut someone out of their facebook life because of election comments. >> whatever happened to agreeing to disagree. >>> and mitt romney thought he had a fighting chance at the white house. >> now they have come and gone. what is next for him. and we go to chicago with a look ahead for the presidential nominee. >> reporter: after the battle followed by campaigning to win the white house, it is the end of one road for mitt romney. >> i so wish i had been able to fulfill your hopes to lead the country in a different
. >>> the buzz words following the election fiscal cliff. how can to impact you down the road. >>> jesse jackson will be in baltimore. the issues he will discuss next. >>> you want temperatures today and coming in at 39 degrees. 41 under partly sunny skies. go to our app store and down load the app and get the temperature where you live. we'll be right back. >>> now annoyed did you get on your facebook on election day. were you not alone if if you defriended...
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Dec 26, 2012
12/12
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would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very, very strong traffic levels. any time we have weather this year, there will be a head wind and when we have the kind of weather we're seeing today, that will be a significant head wind. i think the fact that mastercard and sharper track pulled back their numbers doesn't bode well for the rest of the year because now of course we're up against it and we're looking at some really significant weather on a big shopping day today and then also tomorrow. >> does that show up in better numbers for online retail? >> i think in principle, yes. i think there will be more people actually shopping today online than t
would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very,...
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Nov 16, 2012
11/12
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one, i think the whole fiscal cliff story is pretty much a story of going down austerity politics. that's been a disaster policy path for everywhere else it's been tried so i do think it is going to weigh on aggregate demand. if that's the case the fed is going to overweight qe, which means it will offset anything the japanese do. to me the dollar/yen is going to be a sell in a near term. i want to be a seller here at 80.50. if it breaks 80.50 with a stop at 81.50. if it runs away, then i'm not hurt. but if it turns around it is going to come back and take out all those stops for those who were long hoping to take it again. >>> watch "money in motion" tonight every friday night on cnbc at 5:30. let's do "pops & drops." the biggest movers in midday trading. the j.m. smucker company dropping 3%. >> in line quarter gross margins sl slip a little bit. >> auto desk came out with earnings that beat on the bottom line but missed terribly on the revenue and guidance. but the fact that this stock is up is a tell. think you want to own it. >> pulte group popping. >> no. no real major news ou
one, i think the whole fiscal cliff story is pretty much a story of going down austerity politics. that's been a disaster policy path for everywhere else it's been tried so i do think it is going to weigh on aggregate demand. if that's the case the fed is going to overweight qe, which means it will offset anything the japanese do. to me the dollar/yen is going to be a sell in a near term. i want to be a seller here at 80.50. if it breaks 80.50 with a stop at 81.50. if it runs away, then i'm not...
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Dec 24, 2012
12/12
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with gritd lock in budget -- gridlock in washington over a budget, we inch closer to the fiscal cliff. the dow down 1 two points -- 120 points. the s&p down 13 and a half points. the stock market is on track for its fourth straight year of games. the dow sup overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the market will be closed tomorrow for the christmas holiday. but there will still be plenty of economic reports to sift through this week, including the latest on home prices and sales. consumer confidence as well as jobless claims. >>> washington's failure to agree on a budget is affecting americans's confidence about their finances. the university of michigan says its consumer sentiment index for december fell sharply from november's five-year high. more than one in four people surveyed cited concerns about higher taxes. >>> twinkies, wonder bread and devil dogs could soon return to store shelves but another company will be making them. bankrupt hostess brand says it's narrowing down the bids it received for its brands. it expects to sell off its snacks a
with gritd lock in budget -- gridlock in washington over a budget, we inch closer to the fiscal cliff. the dow down 1 two points -- 120 points. the s&p down 13 and a half points. the stock market is on track for its fourth straight year of games. the dow sup overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the market will be closed tomorrow for the christmas holiday. but there will still be plenty of economic reports to sift through this week, including the latest...
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Dec 24, 2012
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the new year and the so-called fiscal cliff. for the record, though, it's about 178 hours away if we're getting down to the wire. that's specifically. how much negotiating can be squeezed in to that little bit of time? >>> new numbers on whether exist consumers are buying less. >>> and just in time for the holiday, a christmas storm expecting to hit the midwest. when, where and how much snoi is expected. we bring the answers in minutes. >>> we start with optimism as a last words that comes to mind with the fiscal cliff and with just a week left for talks left, la lawmakers are saying a deal is looking less likely than ever. >> it's a first time i feel it's more likely that we'll go over the cliff than not. and that -- if we allow that to happen it will be the most coloss colossal, consequential act of congressional irresponsibility in a long time. maybe ever in american history because of the immaterial pact on almost every single american. >> what will happen to an average american paycheck in a deal is not reached by january 1
the new year and the so-called fiscal cliff. for the record, though, it's about 178 hours away if we're getting down to the wire. that's specifically. how much negotiating can be squeezed in to that little bit of time? >>> new numbers on whether exist consumers are buying less. >>> and just in time for the holiday, a christmas storm expecting to hit the midwest. when, where and how much snoi is expected. we bring the answers in minutes. >>> we start with optimism as a...
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Dec 31, 2012
12/12
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and as the clock ticks down and going over the so-called fiscal cliff. no deal he yet, but there is some finger pointing going on. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american families and businesses from this looming tax hike. everyone agrees that that option is necessary. >> i will say this, i think that the republican leader has shown absolutely good faith, but it's just that we're apart on some pretty big issues. >> and senator reid-- >> this has been a blame game from the very, very beginning and dana, we saw today president obama take to the sunday shows and spend the whole time blaming republicans. if we go off the cliff, who do you think is going to take the fall for this? i say republicans are just, they're going to go down because it's just tough to run against the white house with a bully pulpit. >> and i just believe that you can't worry about the short-term pr effects of something, that you have to do w
and as the clock ticks down and going over the so-called fiscal cliff. no deal he yet, but there is some finger pointing going on. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american families and businesses from this looming tax hike. everyone agrees that that option is necessary. >> i will say this, i think that the republican leader has shown...
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Dec 1, 2012
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kick the can down the road. coming up, trillion-dollar ticking time bomb in addition to one we're talking about that could undermine the american economy. what is it? don't tell you. we'll tell you -- don't move. we'll tell you. that is next on "the five." ♪ ♪ >> eric: future of america. watch. >> who is your favorite founding father? >> abraham lincoln. >> he's not a founding father. first president. >> i want to get this down on a tape recorder because nobody will believe me. >> george washington. >> what is a founding father? >> hi. i'm earth. have we met? >> what is ben franklin famous for? >> 100th president. >> eric: genius. they're racking up the student loan debt at a record and dangerous pace. in fact, the student loan debt is sitting at trillion dollars. we talk about this all-air for long time. 93% of people student loan debt is held by the government. >> dana: president obama made it more so. he took out private lending last year. we have kids that want college experience. the big college experie
kick the can down the road. coming up, trillion-dollar ticking time bomb in addition to one we're talking about that could undermine the american economy. what is it? don't tell you. we'll tell you -- don't move. we'll tell you. that is next on "the five." ♪ ♪ >> eric: future of america. watch. >> who is your favorite founding father? >> abraham lincoln. >> he's not a founding father. first president. >> i want to get this down on a tape recorder...
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Dec 7, 2012
12/12
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WBAL
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consumer spending is down. >> i want to thank tiffany. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were affected one way or the other. businesses had to shut down. between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the christmas tree this year? >> a day that still lives in infamy. the anniversary of the attack on pearl harbor. >
consumer spending is down. >> i want to thank tiffany. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were...
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Nov 10, 2012
11/12
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WTTG
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eye 162
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cliff bearing down on us. so why not look on simpson bowles although it's over two years later? >> and looming for our area, possible massive job cuts if automatic pentagon cuts are not stopped. at risk, 207,000 jobs in virginia, 114,000 jobs in maryland and 127,000 jobs in the district. tom fitzgerald, fox 5 news. >>> new details tonight about the beating and robbery of an elderly woman in the district. police are now sharing how they tracked down the suspect. they used gps to locate tyran mcelrath. they say he broke into the victim's home in northwest wednesday, beat her unconscious and stole a computer. neighbors say the attack has shaken their sense of security. >> i'm putting bars on my lower basement windows. that's a decision i made after this because that seems to be the point of entry. >> investigators say when mcelrath was arrested, he told police he was sorry for what happened saying the victim could have been his own grandmother. >>> d.c. police are searching for a group of people accused of an arm
cliff bearing down on us. so why not look on simpson bowles although it's over two years later? >> and looming for our area, possible massive job cuts if automatic pentagon cuts are not stopped. at risk, 207,000 jobs in virginia, 114,000 jobs in maryland and 127,000 jobs in the district. tom fitzgerald, fox 5 news. >>> new details tonight about the beating and robbery of an elderly woman in the district. police are now sharing how they tracked down the suspect. they used gps to...
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Dec 3, 2012
12/12
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MSNBCW
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eye 176
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what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifies how he's going to restructure medicare? >> i think that both -- look, i have laid out in great detail very painful cuts to medicare. i just did it in a 242-page bill that i have shared with the white house, shared with boehner, shared with mcconnell, in order to move us beyond this silly debate that's taking place. the fact is, claire knows this and i know this. there are serious reforms that have to take place in medicare for our country to become solvent. >> well, we have to be careful. and you're right about this, david. what is really irresponsible, that $716 billion, that was low-hanging fruit. that was fluff in the medicare system, savings that we had to recover. and by the way, it's the same savings that was i
what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifies how he's going to restructure medicare? >> i think that both -- look, i have laid out in great detail very...
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Nov 20, 2012
11/12
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CNBC
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i'm wondering where it would be heading with this fiscal cliff looming and the recent hurricane sandy. >> ford, i have to tell you, ford is a european play. they have so much europe that they can pull down everything. until they get europe under control, you cannot own ford. can i go to virginia in indiana, please? >> caller: my brother says to buy garmin. what do you say? >> i think garmin is cheap. i think that it's always going to be cheap. i like the stock. i told people to buy it. it has not worked out. i continue to think it is a very inexpensive stock. it does need a catalyst. there are guys telling you to sell it. i think they're wrong. wow. okay, hertz has taken the wheel. the rental car business is zooming and hertz is your best play. buy, buy, buy! >> i can not believe how good this industry is after how bad it was for so long. stay with hertz. stay with cramer. >>> coming up, you are ready to get charged up? cramer cranks up the voltage and goes electric on an all new hyperactive "lightning round." and later, natural wonder? clean, domestic, abundant and ignored? after som
i'm wondering where it would be heading with this fiscal cliff looming and the recent hurricane sandy. >> ford, i have to tell you, ford is a european play. they have so much europe that they can pull down everything. until they get europe under control, you cannot own ford. can i go to virginia in indiana, please? >> caller: my brother says to buy garmin. what do you say? >> i think garmin is cheap. i think that it's always going to be cheap. i like the stock. i told people...
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Dec 15, 2012
12/12
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KQED
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cliff. >> the dow lost 36 points, the nasdaq down 21, the s and b 500 fell, s&p fell also. >> looking at the outlook for gas and oil prices, we turn to an oil analyst, founding partner at again capital. >> you know, john, i was thinking looking over these numbers a few weeks ago here in the northeast we were paying close to $5 a gallon for gasoline, of course it was because of hurricane sandy and standing in line, gas lines, and now this. i know it is a special situation, but what is going on here? >> well, that was a special situation, it was incredible disruption of the supply chain to the northeast, if you recall, only northern new jersey had to endure the odd, even rationing it shows you how isolated that was, but what is going on here, suze is that the united states is in the process of becoming energy independent, it is in the process of surpassing saudi arabia as the world's number one producer of oil. because of the shale drilling that going on, mostly in the middle of the country. there is also a massive expansion of a big refinery down in texas, that the saudis are working o
cliff. >> the dow lost 36 points, the nasdaq down 21, the s and b 500 fell, s&p fell also. >> looking at the outlook for gas and oil prices, we turn to an oil analyst, founding partner at again capital. >> you know, john, i was thinking looking over these numbers a few weeks ago here in the northeast we were paying close to $5 a gallon for gasoline, of course it was because of hurricane sandy and standing in line, gas lines, and now this. i know it is a special situation,...
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potential impacts they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with those details from washington. >>> lynn, good morning. good morning, everyone. the president spent time with a family who answered a call from the white house. the question was what would you do if you had to pay another $2200 in taxes. that's what the white house says will be the average impact on middle class families if they don't work out avoiding this fiscal cliff. the president sat down with a couple, a teacher, a man who works at an auto dealership. they live with her family. the family says they're looking at a couple month's rent if they have to pay more taxes. the president reiterated he absolutely will not sign any deal that does not increase taxes on the wealthy in this country. he said the problem is solvable. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: now in a
potential impacts they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with those details from washington. >>> lynn, good morning. good morning, everyone. the president spent time with a family who answered a call from the white house. the question was what would you do if you had to pay another $2200 in taxes. that's what the white house says will be the average impact on middle class families if they don't work out avoiding this fiscal...
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88
Nov 14, 2012
11/12
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FBC
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business down with president obama to discuss the fiscal cliff. i keep thinking if we got 10 business people in a room we could solve this thing. >> and he has 12 business people in the room. american express, dow chemical, general electric, all different perspectives you got, but some people are pointing out some of the absentee, wall street in particular. essentially saying to continue conversations with wall street executives. especially when it comes to the fiscal cliff, spoke to a few of them on the way in, no concrete answers on what they hope to address with the president. half the participants involved in some way whether it is the child's counsel for a number of different months, while the meeting is underway hopefully see these guys within the next hour or so. a pretty big day, the president giving a news conference opening oup a bit commission encouraged by some of the news that came out of the news conference specifically willing to look at tax reform, a serious look at entitlement and perhaps even discretionary spending cuts. that is
business down with president obama to discuss the fiscal cliff. i keep thinking if we got 10 business people in a room we could solve this thing. >> and he has 12 business people in the room. american express, dow chemical, general electric, all different perspectives you got, but some people are pointing out some of the absentee, wall street in particular. essentially saying to continue conversations with wall street executives. especially when it comes to the fiscal cliff, spoke to a...
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Dec 6, 2012
12/12
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FOXNEWSW
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the fiscal cliff is bearing down on us. they might settle 0* reece's pieces in the senate cafeteria for a special screening of lincoln. we will keep you posted on these developments. >> stop getting on youtube so you can see "gangnam style." and start using the precious social media skills to go out and sign people up on this baby. three people a week. let it grow. >> did you ever think this is what rome looked like in its final days? it is arguably the best fiscal video i have ever seen. the 81-year-old former debt commission co chair is shaking his money maker in hopes of getting young people engaged in the set issue. since it is teaming up with a group called the can kicks back. nick, were you the can? >> no, that was my colleague, ryan. he got the short stick on that one. >> i don't think so. i would have paid dearly for that spot. your point is what with this wake up young people to help with an issue. you guys really are going to get the bill. >> we know debt is not the sexiest issue for our generation, but it is the
the fiscal cliff is bearing down on us. they might settle 0* reece's pieces in the senate cafeteria for a special screening of lincoln. we will keep you posted on these developments. >> stop getting on youtube so you can see "gangnam style." and start using the precious social media skills to go out and sign people up on this baby. three people a week. let it grow. >> did you ever think this is what rome looked like in its final days? it is arguably the best fiscal video i...
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42
Nov 9, 2012
11/12
by
CNBC
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eye 42
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disney down 5%. and then fiscal cliff stocks. by that nice run up year to date. people wanting to lock in at 2012 gains and/or a dividend play like at and t and also provide a yield t. is a double whammy. >> and also defense stocks. so you have the defense stocks which would be directly impacted by the fiscal limitation. >> this seems like the perfect opportunity if you wanted to sell stock but were afraid of missing out you could use a stock replacement strategy. >> we talk about it in the web extra. also you can buy puts. we saw another name that had gone really well recently. we saw put buyers in bank of america and citi bank today. >> if you take a look at the various sectors that will likely get hit by fiscal cliff concerns you have a trade on a stock that lives at this cross roads. retail being impacted. high end consumer as well as financial industry. >> one of the hardest hit sectors were the bank stocks. some stocks in the financial sector acted pretty decently. american express is one of them. here is the stock up 18.5%. it is used as a proxy for a high
disney down 5%. and then fiscal cliff stocks. by that nice run up year to date. people wanting to lock in at 2012 gains and/or a dividend play like at and t and also provide a yield t. is a double whammy. >> and also defense stocks. so you have the defense stocks which would be directly impacted by the fiscal limitation. >> this seems like the perfect opportunity if you wanted to sell stock but were afraid of missing out you could use a stock replacement strategy. >> we talk...
360
360
Dec 31, 2012
12/12
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KGO
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eye 360
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a meeting is set as lawmakers work to avoid the fiscal cliff. but the clock is winding down. i don't know about you, but i'm so tired of talking about this. >> i feel the exact same way. >> just go over the cliff, get something done so we can stop talking about it. >>> a chilly end to 2012. it is cold out there. old man winter reminding us what time of year it is. a large part of the nation will ring in the new year with temperatures below freezing. >> we wouldn't know anything about that because it is hot as -- >> in the studio you mean. >> yes. >> maybe it's warm because i have my new slippers on that rob got me. >> that's not fair. >> you can put them in the microwave. >> really? >> yes. >>> but if warm, sunny skies are more your style, pasadena is the place to be. we'll take you behind the scenes of the annual rose parade to see how an army of volunteers build the majestic floats that smell so good. >> pasadena is more my style this time of year. >>> we begin with hillary clinton. the 65-year-old secretary of state is in a new york hospital suffering from a blood clot. >>
a meeting is set as lawmakers work to avoid the fiscal cliff. but the clock is winding down. i don't know about you, but i'm so tired of talking about this. >> i feel the exact same way. >> just go over the cliff, get something done so we can stop talking about it. >>> a chilly end to 2012. it is cold out there. old man winter reminding us what time of year it is. a large part of the nation will ring in the new year with temperatures below freezing. >> we wouldn't...
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95
Dec 26, 2012
12/12
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MSNBCW
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cliff, doctors who serve medicare patients will see their payments go down something like 27%. i mean, this is one of those crazy time bombs that's in the tax code. that's patched every year. same thing with the amt. as i just mentioned, while the other tax measures, taxpayers won't see them until they fill out the 2013 tax bill in april of 2014, the amt patch will hit much more quickly than that. that's something needing to be patched as of early -- if we go over, needs to be patched quickly. >> let's talk about that word, sequestration and there's a lot of concern about the defense cuts and the defense department, how to deal with it. leon panetta toning down the remarks saying that they would not necessarily require immediate action and could eventually mean furloughs down the road and looking at january and the cuts divided by ten years and 12 months, talking 50 billion, 60 billion in january. >> right. it's 110 billion for the year of 2013 in automatic spending cuts divided equally between defense and nondefense. on the nonentitlement or discretionary side of budget. if yo
cliff, doctors who serve medicare patients will see their payments go down something like 27%. i mean, this is one of those crazy time bombs that's in the tax code. that's patched every year. same thing with the amt. as i just mentioned, while the other tax measures, taxpayers won't see them until they fill out the 2013 tax bill in april of 2014, the amt patch will hit much more quickly than that. that's something needing to be patched as of early -- if we go over, needs to be patched quickly....
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Dec 30, 2012
12/12
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FOXNEWSW
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arizona senator jon kyl says the democrats want to spend in the fiscal cliff deal and believes the tax revenue will be the same and that's not solving anything. >>> raising taxes to pay for new spending is not something that republicans believe this debate ought to be about. it ought to be reducing the deficit and debt and what they're suggesting is we want new taxes, higher taxes, from people in this country. >> we learned a few moments ago harry reid made a counter offer but he didn't say what it was. we're working it. >> we're waiting. when he comes to the podium we'll go live. >> the democrat side, the change in entitlement irritated them. >> the republican's request included a way of calculating inflation that loser recipients of social security. democrats were willing to do that as part of a $4 trillion massive deal but democratic aides said as part of this deal, the change would be a poison pill. >> 36 hours left until the country goes over the cliff. i remain hopeful but relatistic about the prospects. at some point the negotiating process, it becomes obvious when the other sid
arizona senator jon kyl says the democrats want to spend in the fiscal cliff deal and believes the tax revenue will be the same and that's not solving anything. >>> raising taxes to pay for new spending is not something that republicans believe this debate ought to be about. it ought to be reducing the deficit and debt and what they're suggesting is we want new taxes, higher taxes, from people in this country. >> we learned a few moments ago harry reid made a counter offer but he...